Matt Damon to receive Cinematheque award

Ceremony will take place at the Beverly Hilton on March 27

Matt Damon has been selected to receive the 24th American Cinematheque Award, which will be presented to him on March 27 at a dinner at the Beverly Hilton Hotel.

The ceremony, which has aired in previous years on basic cable outlets like TNT and AMC, is moving to broadcast TV for this first time this year, with ABC coming aboard to air it as a special dubbed "Hollywood Salutes Matt Damon: An American Cineamatheque Tribute," on a date to be announced.

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The annual fundraiser recognizes an artist -- actor, director or writer -- who is in the midst of a career "making a significant contribution to the art of the motion picture."

Damon earned an Oscar in 1998 for writing "Good Will Hunting" with Ben Affleck and was also nominated as best actor for that film. He's appeared in the "Ocean's" and "Bourne" franchises and is lending his voice to the upcoming, animated "Happy Feet" sequel.

He is currently appearing in Clint Eastwood's "Invictus" and will be seen in the director's next film "Hereafter." His other upcoming films include "Green Zone," "Margaret," "The Adjustment Bureau" and "True Grit."

"Matt is the epitome of an American Cinematheque award honoree in that he is currently making an extraordinary contribution to the art of the motion picture, yet, his career best may be yet to come," American Cinematheque chairman Rick Nicita said. "His choice of projects ranges from daring independents to commercial megahits, which have been received with both public and critical acclaim."

The executive producers of the show are Paul Flattery, Barbara Smith and Michael Dempsey. Irene Crinita is the producer and Kelly Brock co-producer.